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Home›Green Marine›Portland’s Vigor Industrial acquiring Seattle shipbuilder
Green Marine

December 24, 2010 · about 15 years ago

Portland’s Vigor Industrial acquiring Seattle shipbuilder

Portland shipbuilder Vigor Industrial LLC said Thursday that it is acquiring Seattle’s Todd Shipyards Corp. in a $130 million cash deal. Vigor will pay $22.27 a share under the agreement that will take Todd private. The combined company will have 1,800 employees, according to Alan Sprott, vice presi

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Portland shipbuilder Vigor Industrial LLC said Thursday that it is acquiring Seattle’s Todd Shipyards Corp. in a $130 million cash deal. Vigor will pay $22.27 a share under the agreement that will take Todd private. The combined company will have 1,800 employees, according to Alan Sprott, vice president of the Swan Island manufacturer.

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